WATCH HOUSE, MILLENDREATH, LOOE, PL13 1NY - £197,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WATCH HOUSE is a large detached house of 159m². It was last sold for £197,000 in August 2005, which was around 24% below the average August 2005 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

WATCH HOUSE Sold Prices

Land registry data shows three sales for WATCH HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three WATCH HOUSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 30 AUG	£197,000	£259,599	24% below HPI
2003 5 JUN	£139,000	£210,608	34% below HPI
1998 13 MAR	£25,000	£86,489	71% below HPI

WATCH HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three WATCH HOUSE sales between March 1998 and August 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2005 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is WATCH HOUSE?

WATCH HOUSE is 159m² according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where WATCH HOUSE lies on this distribution: 75% of detached houses are smaller than WATCH HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Looe.

WATCH HOUSE: Plot and Title Map

WATCH HOUSE sits on a plot of roughly 0.304 of an acre, or 1,231m². The below map shows the location of WATCH HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WATCH HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WATCH HOUSE?

WATCH HOUSE is located in MILLENDREATH, in the PL13 postcode district. The below map shows the position of WATCH HOUSE in MILLENDREATH.